The US dollar is strong with a pump, gold reaches 3363 dollars. Follow this week's PMI and employment data.

[Coin World] This week, market risk sentiment is optimistic, as reports of a trade breakthrough between the EU and the US triggered a sharp rise in global markets. As a result, demand for the US dollar is strong, while the euro and yen have fallen significantly due to an improvement in the US trade position, leading to a rotation of funds into US dollar assets. The confusing non-farm payroll report, along with mixed revisions, has affected various asset classes. Due to safe-haven demand, bonds and gold have risen. Following the release of the non-farm payroll report, the price of gold increased by $40, erasing all previous losses and closing the week at $3363 per ounce, up 0.79%. Here are the key market points to follow in the new week:

Tuesday 21:45, US July S&P Global Services PMI Final

On Thursday at 03:10, San Francisco Federal Reserve Bank President and 2027 FOMC voting member Daly delivered a speech.

Thursday 20:30, the number of initial jobless claims in the United States for the week ending August 2.

On Thursday evening at 10:00, 2027 FOMC voting member and Atlanta Federal Reserve Bank President Bostic will participate in a fireside chat.

Thursday 23:00, the New York Federal Reserve Bank's 1-year inflation forecast for July

On Friday at 22:20, Moussallem, the 2025 FOMC voting member and President of the St. Louis Federal Reserve Bank, will deliver a speech.

The new tariffs will take effect on August 7, instead of the previous August 1, giving countries another window to try to negotiate lower tariffs. Additionally, although two board members voted for a 25 basis point rate cut, the overall tone of the statements and Powell's comments was very neutral, indicating that while the Federal Reserve has opened the door for a rate cut in September, it has not ruled out the possibility of a rate hike if higher tariffs and a tight labor market lead to further inflation.